Frontdoor (FTDR) Scheduled to Post Earnings on Monday

Frontdoor (NASDAQ:FTDR - Get Free Report) is scheduled to issue its quarterly earnings data before the market opens on Monday, November 4th. Analysts expect the company to announce earnings of $1.03 per share for the quarter. Frontdoor has set its FY 2024 guidance at EPS and its Q3 2024 guidance at EPS.Persons interested in registering for the company's earnings conference call can do so using this link.

Frontdoor (NASDAQ:FTDR - Get Free Report) last issued its quarterly earnings data on Thursday, August 1st. The company reported $1.27 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.00 by $0.27. Frontdoor had a net margin of 11.38% and a return on equity of 132.94%. The business had revenue of $542.00 million during the quarter, compared to analyst estimates of $536.74 million. During the same quarter last year, the business earned $0.87 EPS. The firm's quarterly revenue was up 3.6% on a year-over-year basis. On average, analysts expect Frontdoor to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Frontdoor Trading Down 0.9 %

NASDAQ FTDR traded down $0.46 on Monday, hitting $49.51. The company's stock had a trading volume of 346,223 shares, compared to its average volume of 725,378. The company's 50-day moving average is $48.57 and its 200 day moving average is $40.46. The firm has a market cap of $3.79 billion, a PE ratio of 19.15 and a beta of 1.04. Frontdoor has a 1-year low of $28.31 and a 1-year high of $53.10. The company has a quick ratio of 1.27, a current ratio of 1.27 and a debt-to-equity ratio of 2.66.

Analyst Ratings Changes

FTDR has been the subject of a number of recent research reports. Truist Financial increased their price objective on Frontdoor from $45.00 to $56.00 and gave the company a "buy" rating in a report on Friday, August 2nd. The Goldman Sachs Group increased their price target on Frontdoor from $33.00 to $41.00 and gave the company a "sell" rating in a research note on Friday, August 2nd. JPMorgan Chase & Co. lifted their price objective on Frontdoor from $45.00 to $55.00 and gave the stock an "overweight" rating in a research note on Monday, August 12th. Finally, William Blair raised shares of Frontdoor from a "market perform" rating to an "outperform" rating in a research report on Friday, August 2nd. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat.com, Frontdoor presently has a consensus rating of "Hold" and an average target price of $47.75.

About Frontdoor

Frontdoor, Inc provides home warranties in the United States in the United States. Its customizable home warranties help customers protect and maintain their homes from costly and unplanned breakdowns of essential home systems and appliances. The company's home warranty customers subscribe to an annual service plan agreement that covers the repair or replacement of principal components of approximately 20 home systems and appliances, including electrical, plumbing, water heaters, refrigerators, dishwashers, and ranges/ovens/cooktops, as well as electronics, pools, and spas and pumps; and heating, ventilation, and air conditioning systems.